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The Arab Monetary Fund delegation arrives in Baghdad

rocky
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delegation - The Arab Monetary Fund delegation arrives in Baghdad Empty The Arab Monetary Fund delegation arrives in Baghdad

Post by rocky on Sat 20 Oct 2018, 6:54 am

The Arab Monetary Fund delegation arrives in Baghdad


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A delegation from the Arab Monetary Fund (AMF) arrived in Baghdad on Saturday under the chairmanship of the Saudi President, Abdul Rahman Al-Humaidi.
The Executive Director of the Association of Iraqi Private Banks, Ali Tariq, told "Economy News" that a delegation from the Arab Monetary Fund headed by the President of the Fund Abdul Rahman Al-Humaidi arrived Saturday morning to Baghdad to discuss bilateral relations.
He stressed that one of the main objectives of this visit is to "promote the concepts of financial inclusion in Iraq and discuss ways to develop it and raise its rate to more than 22.6%."
"The delegation will discuss the development of banking relations with Iraqi banks and will meet with the Governor of the Central Bank of Iraq, Ali Alaq, and the Association of Iraqi private banks."
He pointed out that the visit of the delegation will take a full week, and will be interspersed with bilateral meetings on the advancement of the Iraqi banking sector.

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Post by weslin3 on Sat 20 Oct 2018, 7:24 am

Hopefully this will go smooth and no one looses their fingers or their head... geek
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delegation - The Arab Monetary Fund delegation arrives in Baghdad Empty Re: The Arab Monetary Fund delegation arrives in Baghdad

Post by Lobo on Sat 20 Oct 2018, 1:42 pm

Thanks Rocky, this caught my eye - very interesting wording ???

He stressed that one of the main objectives of this visit is to "promote the concepts of financial inclusion in Iraq and discuss ways to develop it and raise its rate to more than 22.6%."
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Post by mochasmom on Sat 20 Oct 2018, 7:03 pm

Hmmmm
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delegation - The Arab Monetary Fund delegation arrives in Baghdad Empty The Central Bank of Iraq and the Arab Monetary Fund are discussing financial inclusion

Post by rocky on Sun 21 Oct 2018, 4:11 am

The Central Bank of Iraq and the Arab Monetary Fund are discussing financial inclusion

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An informed source said on Sunday that a joint meeting between the Central Bank of Iraq and [url=https://www.thebaghdadpost.com/ar/Story/t/105359/%D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A]the Arab Monetary[/url] Fund to discuss the financial coverage.

The source said that "a joint meeting was held, this morning, between the [url=https://www.thebaghdadpost.com/ar/Story/t/105359/%D8%A7%D9%84%D9%86%D9%82%D8%AF %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A]Arab Monetary[/url] Fund and the Central Bank of Iraq and the Association of Iraqi private banks and the Ministry of Finance."


The source added that "the meeting focuses on the issue of financial inclusion." 



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delegation - The Arab Monetary Fund delegation arrives in Baghdad Empty Re: The Arab Monetary Fund delegation arrives in Baghdad

Post by Neno on Sun 21 Oct 2018, 7:08 am

Sounds like rent is do!
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Post by weslin3 on Sun 21 Oct 2018, 7:12 am

Some action going on!!!  bounce bounce
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delegation - The Arab Monetary Fund delegation arrives in Baghdad Empty The Arab Monetary Fund is discussing with the Central Bank and the Association of Iraqi Private Ban

Post by rocky on Mon 22 Oct 2018, 2:01 am

 The Arab Monetary Fund is discussing with the Central Bank and the Association of Iraqi Private Banks to strengthen the concepts of financial inclusion

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A meeting between the delegation of the Arab Monetary Fund (AMF) headed by its Saudi President Dr. Abdulrahman Al-Humaidi and the Iraqi Central Bank, the Iraqi Private Banks Association, the Ministry of Finance and a number of government agencies was held on Sunday morning in Baghdad to promote the concepts of financial inclusion and the presence of World Bank Representative in Iraq Yara Salem. 
The delegation of the Arab Monetary Fund included the President of the Saudi Fund Dr. Abdulrahman Al-Humaidi, the World Bank, the Global Financial Inclusion Alliance and the German Development Agency. 
"The Arab Monetary Fund has not visited Iraq since the eighties of the last century and we welcome this visit, which opens new horizons in cooperation with the Iraqi financial sector, especially that Iraq is one of the founders of the Fund," said the governor of the Central Bank of Iraq at the beginning of the meeting, Arab Monetary Fund, "pointing out that" the Arab Monetary Fund expressed its cooperation in the participation of the strategy of the Central Bank to develop concepts of financial inclusion within Iraq. " 
He stressed that "Iraq has the infrastructure for financial inclusion and will witness the next phase to stimulate the concepts of financial inclusion after it has gone a long way to meet the challenges and the implementation of its requirements, 
For his part, the head of the delegation of the Arab Monetary Fund, Abdul Rahman al-Humaidi, said that "the Arab Monetary Fund continues its relations with Iraq and aim to develop them in line with the current reality," stressing that "the Arab Monetary Fund and the Global Alliance for Financial Inclusion and the German Development Agency is in consultation Iraq to develop small and medium enterprises and empower young people and use the best banking techniques. " 
Al-Hamidi thanked the Iraqi banks that participated in the Arab Day for Financial Inclusion, pointing out that "the Arab Monetary Fund supports all Iraqi institutions wishing to develop their capacity and expand their financial activities."  
While World Bank Representative in Iraq Yara Salem said that " 
"Iraq has contributed to the development of the system of payments, which contributed to the improvement of financial services, which will lead in the next stage to create new services," adding that "the Iraqi government has made clear progress in the settlement of salaries of state employees." 
She called on Salem to welcome the government's efforts to achieve economic reform, stressing that the Financial Integration Initiative team succeeded in achieving financial coverage. 
Meanwhile, the director of a department in the Central Bank of Iraq, Mahmoud Dagher, "The banks spent 70 billion dinars on the financing of small and medium projects within the initiative of a trillion dinars launched by the Central Bank," noting that "the problem facing the growth of the banking sector is the dominance of government banks." 
In the meantime, the President of the Association of Iraqi private banks, Wadih al-Hantal, that "the Iraqi private banks are ready to implement the strategy of financial inclusion, which will affect positively on the spread of banking services widely," pointing out that "the Association of private banks made a great effort to ensure the financial coverage Which increased to more than 22.5%. "
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delegation - The Arab Monetary Fund delegation arrives in Baghdad Empty The Arab Monetary Fund (AMF) is considering strengthening the concepts of financial inclusion in Bag

Post by rocky on Mon 22 Oct 2018, 2:38 am

The Arab Monetary Fund (AMF) is considering strengthening the concepts of financial inclusion in Baghdad

Sunday, October 21,


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discuss the Arab Monetary Fund with the Central Bank, Sunday, promote financial inclusion concepts in Iraq , while stressing the bank 's governor on the Keywords that the Arab Monetary Fund , expressed his cooperation in the participation fee strategy by the Bank to develop the concepts of financial inclusion. 

"The meeting, held today, in Baghdad between the delegation of the Arab Monetary Fund under the chairmanship of its Saudi president Abdul Rahman al-Hamidi with the Central Bank of Iraq and the Association of Iraqi private banks and the Ministry of Finance and a number of government agencies to strengthen Concepts of financial inclusion and the presence of World Bank Representative in Iraq Yara Salem. "

"The delegation of the Arab Monetary Fund included the President of the Saudi Fund Abdulrahman Al-Humaidi, the World Bank, the Global Financial Inclusion Alliance and the German Development Agency." 

"The Arab Monetary Fund has not visited Iraq since the 1980s, and we welcome this visit, which opens new horizons in cooperation with the Iraqi financial sector, especially that Iraq is one of the founders of the Arab Monetary Fund, Pointing out that "the Arab Monetary Fund has shown its cooperation in participating in drawing up the strategy of the Central Bank to develop concepts of financial inclusion within Iraq." 

He stressed that "Iraq has the infrastructure for financial inclusion and will witness the next phase to stimulate the concepts of financial inclusion after it has gone a long way to meet the challenges and the implementation of its requirements,

For his part, the head of the delegation of the Arab Monetary Fund, Abdul Rahman Al-Humaidi, said that "the Arab Monetary Fund continues in its relations with Iraq and aim to develop them in line with the current reality," stressing that "the Arab Monetary Fund and the Global Alliance for Financial Inclusion and the German Development Agency is in consultation Iraq to develop small and medium enterprises and empower young people and use the best banking techniques. " 

"The World Bank has contributed to enhancing the concepts of financial inclusion in Iraq by providing support to the Iraqi government, supporting the budget and achieving governance, as well as providing technical and financial support to various Iraqi institutions," said World Bank Representative in Iraq Yara Salem.

"Iraq has contributed to the development of balance of payments, which contributed to the improvement of financial services, which will lead in the next phase to create new services," adding that "the Iraqi government has made clear progress in the settlement of salaries of state employees." 

She called on Salem to "welcome the government's directions in achieving economic reform," stressing that "the Financial Integration Initiative team succeeded in achieving financial inclusion." 

In turn, the director of a department in the Central Bank of Iraq, Mahmoud Dagher, "The banks spent 70 billion dinars on the financing of small and medium projects within the initiative of a trillion dinars launched by the Central Bank," noting that "the problem facing the growth of the banking sector is the dominance of government banks."



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delegation - The Arab Monetary Fund delegation arrives in Baghdad Empty The Arab Monetary Fund is discussing with the Central Bank of Baghdad the promotion of concepts of f

Post by rocky on Mon 22 Oct 2018, 3:05 am

[size=40]The Arab Monetary Fund is discussing with the Central Bank of Baghdad the promotion of concepts of financial inclusion[/size]


  • October 21, 2018 4:03 PM

  • 19







The Arab Monetary Fund discussed with the Central Bank on Sunday the promotion of the concepts of financial inclusion in Iraq, while the Governor of the Bank Ali Al-Alaq said that the Arab Monetary Fund expressed its cooperation in participating in the strategy of the bank to develop concepts of financial inclusion.

"A meeting was held today in Baghdad between the delegation of the Arab Monetary Fund, headed by its Saudi president Abdul Rahman al-Humaidi with the Central Bank of Iraq, the Iraqi Private Banking Association and the Ministry of Finance," the Association of Iraqi Private Banks said in a statement received by the public opinion agency Buna News. And a number of government agencies to promote the concepts of financial inclusion and the presence of World Bank Representative in Iraq Yara Salem.

"The delegation of the Arab Monetary Fund included the President of the Saudi Fund Abdulrahman Al-Humaidi, the World Bank, the Global Financial Inclusion Alliance and the German Development Agency."

"The Arab Monetary Fund has not visited Iraq since the 1980s, and we welcome this visit, which opens new horizons in cooperation with the Iraqi financial sector, especially that Iraq is one of the founders of the Arab Monetary Fund, Pointing out that "the Arab Monetary Fund has shown its cooperation in participating in drawing up the strategy of the Central Bank to develop concepts of financial inclusion within Iraq."

He stressed that "Iraq has the infrastructure for financial inclusion and will witness the next phase to stimulate the concepts of financial inclusion after they have gone a long way to meet the challenges and the implementation of requirements."

 

For his part, the head of the delegation of the Arab Monetary Fund, Abdul Rahman Al-Humaidi, said that "the Arab Monetary Fund continues in its relations with Iraq and aim to develop them in line with the current reality," stressing that "the Arab Monetary Fund and the Global Alliance for Financial Inclusion and the German Development Agency is in consultation Iraq to develop small and medium enterprises and empower young people and use the best banking techniques. "

"The World Bank has contributed to enhancing the concepts of financial inclusion in Iraq by providing support to the Iraqi government, supporting the budget and achieving governance, as well as providing technical and financial support to various Iraqi institutions," said World Bank Representative in Iraq Yara Salem.

"Iraq has contributed to the development of balance of payments, which contributed to the improvement of financial services, which will lead in the next phase to create new services," adding that "the Iraqi government has made clear progress in the settlement of salaries of state employees."

She called on Salem to "welcome the government's directions in achieving economic reform," stressing that "the Financial Integration Initiative team succeeded in achieving financial inclusion."

In turn, the director of a department in the Central Bank of Iraq, Mahmoud Dagher, "The banks spent 70 billion dinars on the financing of small and medium projects within the initiative of a trillion dinars launched by the Central Bank," noting that "the problem facing the growth of the banking sector is the dominance of government banks."







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